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but it sounds like reid doesn't want to get played here. he says he's going to only bring that bill to the floor if the house agrees to work with him on final passage. the house couldn't deliver a vote on the last republican plan so that condition seems like a deal breaker. but tom cole, the number four house republican says sometimes the real imagine ek happens in the bottom of the ninth. >> i'm going to be on an airplane tomorrow headed back. i actually think there's still a chance to get something done. and so, you know, these deals usually come together at the last moment. that's what happened in the budget bill, the debt ceiling bill. i think that's going to happen again. >> joining me from capitol hill is mike viqueira. thanks for being here. >> hey. >> you heard congressman cole there, number four house republican, deputy whip. he knows a bit about this. is he just trying to sound sort of positive? what do you take from that on the ground? >> i don't think that tom cole has the constituency, although he's known as a reasoned member a
but it sounds like reid doesn't want to get played here. he says he's going to only bring that bill to the floor if the house agrees to work with him on final passage. the house couldn't deliver a vote on the last republican plan so that condition seems like a deal breaker. but tom cole, the number four house republican says sometimes the real imagine ek happens in the bottom of the ninth. >> i'm going to be on an airplane tomorrow headed back. i actually think there's still a chance to...
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president. >> we're going to step away from harry reid. you kind of get the gist of what he's saying. he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal harry reid just got in going after the speaker. it is true that things have clearly broken down, that goes without saying, and that the democrats were not happy that maybe a week and a half ago the speaker pulled out of talks with the president after they had reached a pretty good amount of progress. but the fact that he called the speaker a dictator and in the next breath said he's worried about his job, it's a little contradictory, but very personal. let me give you a little bit of a reality check. that is it is true that the house is not in session. they wil
president. >> we're going to step away from harry reid. you kind of get the gist of what he's saying. he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal...
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Jan 1, 2013
01/13
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hairy reid says the goal was to -- harry reid said the goal was to protect middle class families. >> middle class families are wake up assured their tax won't go you will 2200. they will know how to pay for car payments next year. >> reporter: mitch mcconnell said republicans agreed rather than let middle class suffer. >> we don't think taxes should be going up on anyone but we all knew that if we did nothing they would be going up on everyone today. we weren't going to let that happen. >> reporter: the house reconvenes at noon and is expected to take up the measure at that time. i am ed payne reporting. >>> many couples have been waiting a lifetime for this day. today, same sex couples can legally marry here in maryland. the measure was approved by voters back in november and sherrie johnson is live at city hall where some couples have already tied the knot. it's just five after six. >> reporter: that's right. a big day here in maryland. about 7 same sex couples tied the knot here at city hall in downtown baltimore. a historic day and baltimore mayor stephanie rawlings blake was act
hairy reid says the goal was to -- harry reid said the goal was to protect middle class families. >> middle class families are wake up assured their tax won't go you will 2200. they will know how to pay for car payments next year. >> reporter: mitch mcconnell said republicans agreed rather than let middle class suffer. >> we don't think taxes should be going up on anyone but we all knew that if we did nothing they would be going up on everyone today. we weren't going to let...
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Jan 1, 2013
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senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will not go up 2,200 dollars each. they will have the certainty of how they will pay for groceries and car payments all during next year. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go up on everyone and we were not going to let that happen. >> the bill will also extend joplin less benefits and everything matters with the house of representatives when it reconvene this morning. >>> the president said while neither democrats nor republicans got everything they wanted, this agreement is the right thing for our country and the house should pass it without delay. >>> they also have the so called dairy cliff and it provides milk prices up to $8 per gallon. >>> and san francisco's minimum wage is also going up. people who live in the city will make the highest minimum wage in the nation moving them to
senator harry reid said their goal was to protect america's middle-class. >> middle-class families will wake up today to the assurance their taxes will not go up 2,200 dollars each. they will have the certainty of how they will pay for groceries and car payments all during next year. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go...
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Dec 29, 2012
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reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it the time to sell them or will we see that. >> the important thing to keep in mind with stocks, one part we have to worry about is the fiscal cliff. we have taxes and spending to worry about there. but what the real issue is, in my opinion is the debt ceiling debate that is just around the corner. adam: oh, joy of joy. >> if we get some deal with the fiscal cliff which i think we will and our politicians are the worst even a blind squirrel will occasionally find a nut. they will get this done sometime by january 15th or something like that. if th
reid thinks the next 20 four hours are important? you're supposed to as investor be thinking long term. to leave this down to the last minute like this is cruel and is a distic to investors. one of the reasons you saw the tremendous drop today. you mentioned monday night being volatile. that is holiday day. it is thinly traded. with the fiscal cliff literally occurring you can bet it will be extremely volatile sunday and monday night. adam: spencer, if i were in individual stocks seems not it...
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Dec 30, 2012
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we have a loose deadline of 3:00 that reid and mcconnell had. what are you hearing as the clock ticks about where they are in negotiations? you said to me a moment ago, you are aware of a few sticking points. give us the latest. >> there are a few key sticking points. you know, it really does come down to the same thing. when you get done with the whole package, have we shifted taxes or are the wealthy getting their fair share? we get into estate tax where there's a debate about do the wealthy pay their fair share or shift it to the middle class. frankly, we have had two years of debating, running up to deadlines, putting faith and credit of the country on the line. each time, we agreed to spending cuts. now a total of $1.6 trillion in spending cuts that mainly hit the middle class, low income people, seniors and we still don't have any contribution from the wealthiest americans. that's the line in the sand for us. we know we need to go further on a lot of fronts. you have to start by everybody sacrificing and paying their fair share. >> you may
we have a loose deadline of 3:00 that reid and mcconnell had. what are you hearing as the clock ticks about where they are in negotiations? you said to me a moment ago, you are aware of a few sticking points. give us the latest. >> there are a few key sticking points. you know, it really does come down to the same thing. when you get done with the whole package, have we shifted taxes or are the wealthy getting their fair share? we get into estate tax where there's a debate about do the...
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Dec 27, 2012
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that was a very personal shot from harry reid. is it accurate to say, open question, that speaker boehner is worried about staying speaker? >> yes. he's definitely -- i think he's not worried about his election on january 3rd, but that's not the end of it. you know, i think he's worried about his speakership every day he's speaker -- >> do you agree with that, he's worried he may be losing out or being thrown out of the speakership by his own party? >> for sure. he spent the first two years of his speakership looking over his shoulder as the camera shows of eric cantor right behind him ready -- sgroo but cantor is with him now, isn't he? hasn't his number two guy joined him? >> he's his number two guy and supporter but he's the spiritual leader of the tea party caucus there and that's the groo up that seems to be calling the shots right now in the house of representatives. >> let's talk about the republican party. let's try to be really analytical here. you know, to me two things happen in every election. one, somebody wins, someb
that was a very personal shot from harry reid. is it accurate to say, open question, that speaker boehner is worried about staying speaker? >> yes. he's definitely -- i think he's not worried about his election on january 3rd, but that's not the end of it. you know, i think he's worried about his speakership every day he's speaker -- >> do you agree with that, he's worried he may be losing out or being thrown out of the speakership by his own party? >> for sure. he spent the...
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Dec 28, 2012
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the attack left steven reid dead and a woman badly beaten. today charges were filed against katherine wong, charged with murder, assault and being an ex-felon in possession of a firearm. >> there is a thousand pages of discovery according to the district attorney that will be turned over sometime next week. all i have right now are the charges and i don't think i have very much to say yet. >> now five other people have also pleaded not guilty in the case. one of them tyler miller, had her bail increased today from 15,000 to 50,000 dollars. >>> police say the defendants knew the victims. >>> well steve paulson is up in a few minutes. >> i am kyla campbell in washington, d.c. happening right now the president is meeting with congressional leaders about the fiscal cliff. what other lawmakers are saying about the lack pouf of progress on a deal. >> steve paulson will be up in a few minutes to tell you about the light rain moving this way and what you can expect in your neighborhood over the weekend. >>> 100 years of muni, we will show you footage
the attack left steven reid dead and a woman badly beaten. today charges were filed against katherine wong, charged with murder, assault and being an ex-felon in possession of a firearm. >> there is a thousand pages of discovery according to the district attorney that will be turned over sometime next week. all i have right now are the charges and i don't think i have very much to say yet. >> now five other people have also pleaded not guilty in the case. one of them tyler miller,...
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all of those have been on leader reid's desk, and my question is why would he let it sit there? when you have paperwork on your desk, and let's say this is your employee, and the paperwork is marked on the desk urgent and some hitting in may and august and why not take it up. >> plenty of blame to go around, but last week, and go back a week ago -- >> okay. >> and when john boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here because of the democrats. i am not saying that the democrats had nothing to do with it, but you can't get your own act together, and the republicans and the democrats in the house can't get their act together. >> well, we
all of those have been on leader reid's desk, and my question is why would he let it sit there? when you have paperwork on your desk, and let's say this is your employee, and the paperwork is marked on the desk urgent and some hitting in may and august and why not take it up. >> plenty of blame to go around, but last week, and go back a week ago -- >> okay. >> and when john boehner came up with what i kept seeing the pictures of john boehner and president obama sitting...
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we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before the $400,000 offer that john boehner the white house would contend walked away from when he proposed his $1 million threshold in this situation right now. that and a priority that the president outlined a week ago on friday before leaving to join the family in hawaii saying he wanted to extend unemployment benefits for a lot of americans. 2 million plus beginning to lose unemployment benefits, beginning of the end of the this week and significant element, as well. the president indicated to reporters when he spoke in the reefing room last he was open to several smaller steps enroute to a smaller package and unclea
we know that we saw senators mcconnell and reid arriving a short time ago. we didn't pelosi and boehner arrive yet but the vice president joe biden got here a short time ago, as well. there's other reporting from the hill right now about the potential that the president is going to return to what was basically his original outlined plan. perhaps a smaller plan but a plan where the threshold would be set closer to $250,000 as he initially had before the $400,000 offer that john boehner the white...
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the majority leader mitch mcconnell and minority leader, harry reid reid. the majority leader. here is what we heard off-camara. apparently mcconnell said he spoke with vice president joe biden at 6:30 a.m. this morning. at 12:45 last night, which is technically a.m. asked if he was going to talk with him again? he said we'll get back. he was mum on whether he had spoken to senator harry reid. if something will be on the floor today and his optimism level, really just not talking about that so far. so we'll wait and see. heather: secretary of state hillary clinton's recent health problems taking a turn for the worst. secretary clinton is currently in a new york hospital today undergoing treatment for a blood clot. the condition stemming from a concussion that she sustained earlier this month and joining us now, the chief of division of robotics at mt. sinai hospital and a fox news medical a-teamer. thanks so much for joining us. >> sure, heather. heather: what i said in the introduction is just about all we know because a lot of information is not being released about this. can
the majority leader mitch mcconnell and minority leader, harry reid reid. the majority leader. here is what we heard off-camara. apparently mcconnell said he spoke with vice president joe biden at 6:30 a.m. this morning. at 12:45 last night, which is technically a.m. asked if he was going to talk with him again? he said we'll get back. he was mum on whether he had spoken to senator harry reid. if something will be on the floor today and his optimism level, really just not talking about that so...
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some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind of been sitting on the sidelines as the president and speaker boehner tried but failed to come up with a deal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed to the fiscal cliff that we're facing right now. >> glor: the president says this just keeps happening again and again. nancy cordes, thank you. income taxes won't be the only taxes going up, if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter: jeff page owns 120-acre vineyard in california's napa vail vale but when his great-grandfather started farming here in the late 1800s, this was cattle country. >> both sides of the family came in before the turn of the century, and farmed orchard fruit and cattle. >> reporter: but much of the land she grew up on is gone, sold to pay estate taxes after his grandf
some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind of been sitting on the sidelines as the president and speaker boehner tried but failed to come up with a deal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed to the fiscal cliff that we're facing right now. >> glor: the...
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senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman putting out a tough statement of his own saying quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're
senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman...
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some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind of been sitting on the sidelines as the ndesident and speaker boehner tried but failed to come up with omeeal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed o the fiscal cliff that we're facing right now. >> glor: the president says this just keeps happening again and again. nancy cordes, thank you. income taxes won't be the only taxes going up if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter: jeff page owns 120- cre vineyard in california's napa valley. but when his great-grandfather started farming here in the late 1800s, this was cattle country. >> both sides of the family came en before the turn of the century, and farmed orchard fruit and cattle. he reporter: but much of the land he grew up on is gone, sold to pay estate taxes after his grandfather
some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind of been sitting on the sidelines as the ndesident and speaker boehner tried but failed to come up with omeeal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed o the fiscal cliff that we're facing right now. >> glor: the...
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senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >> he says the onus is on congress, this is your job to get done. he said in the clip we just had, if it doesn't get done, the people who are going to pay are the senior who is will lose out on benefits that they are enjoying. is that an accurate representation of what will happen? >> no! this country needs presidential leadership. the house has passed two budgets that would spend $7 trillion less than what president obama's budgets were proposed at. again, remember president obama's budgets didn't get a vote from a member of his own party. we do
senator harry reid has not passed budgets. president obama's budgets have been voted on 3 times, the final vote tally, 0-610. so getting back to your first question, have i seen a plan out of this president that would be an obvious yes from us? i haven't seen any specific plan. all i have seen is demagoguery and a few numbers thrown out, whether it's $800 billion over 10 years or $1 of revenue for $3 of spending cuts, but nothing specific that we need to see to hammer this thing out. >>...
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Jan 1, 2013
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senate majority leader harry reid says the goal was to protect america's middle class. >> middle class families will wake up today to the assurances tax won't go up 2200 dollars each. they will have the certainty to plan how they will pay for groceries, car payments and all during next year. >> reporter: minority leader mitch mcconnell said republicans agreed to the measure rather than let the middle class suffer. >> we don't think taxes should be going up on anyone but we all knew that if we did nothing they would be going up on everyone today. we weren't going to let that happen. >> reporter: the house reconvenes today at noon and is expect to take up the measure at that -- expected to take up the measure at that time. >> law makers have to worry about the debt ceiling they have to keep in mind. today, the u.s. will reach the legal borrowing limit of 16.# trillion dollars. the treasury department is take measures to buy time until the end of february but after that they will not be able to pay off all the country's bills in the full on time. congress must vote to raise the debt ceili
senate majority leader harry reid says the goal was to protect america's middle class. >> middle class families will wake up today to the assurances tax won't go up 2200 dollars each. they will have the certainty to plan how they will pay for groceries, car payments and all during next year. >> reporter: minority leader mitch mcconnell said republicans agreed to the measure rather than let the middle class suffer. >> we don't think taxes should be going up on anyone but we all...
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Jan 1, 2013
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eagles, andy reid. chargers, norv turner. bears, lovie smith. and pat shurmur. romeo crennel, chan gailey and ken whisenhunt. >>> at the annual cars jumping championship in new england, drivers used a ramp to fly over ten cars and land on the other side. but most of the fearless competitors did not make it. >>> just ahead, keeping up with the kardashians is about to get a ratings bump. >>> while we don't condone throwing food, you've got to see this fruitcake toss. you're watching "early today." >>> welcome back to "early today." we'll take you through your forecast for this new year's day. very cold in the northern plains. temperatures in the teens. coldest day of the winter so far, chicago, and wet weather will arrive in atlanta as we go throughout your day. it's already raining in louisiana and mississippi. and tomorrow, not a bad start for the new year. very cold but no big storms. good news. >>> well, psy rang in the new year with a million plus in times square. the rapper told nbc's jay gray that he may be ready to move on from gangnam style. >> i cannot j
eagles, andy reid. chargers, norv turner. bears, lovie smith. and pat shurmur. romeo crennel, chan gailey and ken whisenhunt. >>> at the annual cars jumping championship in new england, drivers used a ramp to fly over ten cars and land on the other side. but most of the fearless competitors did not make it. >>> just ahead, keeping up with the kardashians is about to get a ratings bump. >>> while we don't condone throwing food, you've got to see this fruitcake toss....
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Jan 1, 2013
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. >> reporter: mayor reid is expected to arrive in several minutes and many see this as an insult and they can't believe he would come here and thank them because they say the way he has -- say the way he has treated the department. this is an annual tradition for him to recognize and public speak to them. moral is low in the department and the mayor has been unpopular with officers ever since he rechampioned their pension plans. they are fighting back and there has been enough officers retiring and releaving. we also learned 30 officers found the homicide rate has reached its highest level in 20 years and property crimes are on the rise. back out here live, we plan on talking to the mayor about how he feels what the officers are saying behind his back and what his goals are for the coming year. reporting live from san jose ktvu channel 2 morning news. >>> it has reopened following ahead on collision where for people were killed on highway 12 of vista. they are not releasing any details about the crash or if alcohol was involved. >>> law enforcement agencies were crackdown on drunk dr
. >> reporter: mayor reid is expected to arrive in several minutes and many see this as an insult and they can't believe he would come here and thank them because they say the way he has -- say the way he has treated the department. this is an annual tradition for him to recognize and public speak to them. moral is low in the department and the mayor has been unpopular with officers ever since he rechampioned their pension plans. they are fighting back and there has been enough officers...
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Dec 27, 2012
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you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i think the american public is ready to throw all of them into a room and lock the door and light a match. >> i'm with the american public on that. it's bad and what people come to expect from washington and to a certain extent i think i agree with both the other panelists. you had this going on in effect for a year not as intensely for the past several weeks but we've known about the uncertainty. there has been in paradoxical way certainty about the uncertainty you know this will happen. we bet on recent experience congress will either fail to get something done or get something slapped dash and ugly at the last minute. i think you have american public that be looed at this. said a pox on both of their houses and come to expect basically the worst from washington. adam: doug, let me ask you this. on behalf of those of us who do
you had harry reid this morning saying we'll probably go over the cliff. we were down triple digits. then you had the announcement the house would reconvene. we almost rebounded. only closed down 18 points. where is all this going? i think the american public is ready to throw all of them into a room and lock the door and light a match. >> i'm with the american public on that. it's bad and what people come to expect from washington and to a certain extent i think i agree with both the...
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you just heard senate majority harry reid. he spoke. from what you know about the details of this biden deal, did we get it right? is there any other detail you're aware of here? >> i'm not aware of all the specifics. i think generally you outlined what i have understood as the present status of negotiations. all of us believe i think that going over the cliff should not be the option that we follow. but it's been very, very difficult to get any kind of agreement in this congress. i don't mean just the last few days but in this congress, unfortunately. but giving up is not an option for us. we have another 13 hours as has been pointed out if we can reach agreement, if we can have a unanimous consent in the senate i think there is still time to act but of course it's running out very, very quickly. >> how is the mood? do you feel good about this? or do you believe we'll go over the cliff here? >> well, i'm still hopeful. while we're here all the members are in washington, ready to act. the issue is whether or not we can come to a consens
you just heard senate majority harry reid. he spoke. from what you know about the details of this biden deal, did we get it right? is there any other detail you're aware of here? >> i'm not aware of all the specifics. i think generally you outlined what i have understood as the present status of negotiations. all of us believe i think that going over the cliff should not be the option that we follow. but it's been very, very difficult to get any kind of agreement in this congress. i don't...
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harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not sure what the senate will do, as you say, we're expecting that smaller deal. what exactly will they vote on? perhaps something that will erase tax hikes for most but not all americans. there could be some money in there for unemployment benefits. they're cobbling all of that together today. all eyes again on the senate, as you say. an let's look at what's going to happen today. 10:00 a.m., that's when the senate comes into session, 10:00 a.m. 11:30 is when president obama returns from hawaii. so we expect many conversations after the president returns. then we have those five days, ali, as you s
harry reid and the senate seem to be the only game in town right now with the senate returning today. we also know from sources, ali, that over this christmas break there were no conversations between the president and top-level republicans. sources from both parties are telling us they are watching the senate, especially the democratic leadership in the senate. we also know yesterday house republicans came out with a statement saying that he will act only after the u.s. senate acts. we're not...
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. >> we'll start off with andy reid from the eagles. the winningest coach but a 4-12 season won't cut it. >> chicago bears need a new coach after lovie smith's firing. the bears just missed the playoffs despite a 10-6 record. >> norv turner of the chargers out. his team missed the playoffs for the third straight season. >> cardinals fired ken whisenhunt after six seasons in charge. he's the only coach to lead the team to a super bowl. >> browns letting go pat shurmur after they went 9-23 over the last two seasons. >> romeo crennel, his team finished 2-14 securing the pick in the upcoming draft. >> chan gailey fired after three seasons in c his team never did better than six wins. >> tough business, man. you got to get results here. wow. >>> i know. >> while we were talking about football a unique distinction for the holiday of the denver broncos. >> if denver wins the super bowl holliday will be the only player to go undefeated. five games for the texans then waived. denver picked him up. hasn't lost since, 11 games, just three to go. a
. >> we'll start off with andy reid from the eagles. the winningest coach but a 4-12 season won't cut it. >> chicago bears need a new coach after lovie smith's firing. the bears just missed the playoffs despite a 10-6 record. >> norv turner of the chargers out. his team missed the playoffs for the third straight season. >> cardinals fired ken whisenhunt after six seasons in charge. he's the only coach to lead the team to a super bowl. >> browns letting go pat...
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gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a unilateral disarmiment for the gop which is a nice christmas gift to the president but nothing that is going to really solve the problem. if there is going to be a stopgap, all tax cuts need to be extended until washington gets its act together. gregg: you're dodging my question. republicans will wish they voted for plan b, tony. tony? >> gregg, the essential point is this, we have to solve the problem. we can no longer play this game and kick the can down the road. so if we're going to do it at least give the markets, the stability, let the bush tax cuts --. gregg: last question, marjorie. the whole fiscal cli
gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a...
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at some point take up some sort of measure that harry reid will have cobbled together hoping to get some republican support. but right now it is possible, of course, to resolve this. it's also possible according to a lot of sources that we're talking to that we do go over the cliff, but at this point the white house talking to senate democrats about what their proposal is that they'll be putting out here in the nex week. >> if there was some break through i'm assuming the president would cut his vacation short and go back to washington? is that what you understand? >> reporter: they haven't made it official, suzanne, but i think that is the expectation. talking with sources. it's not really a matter of if the president is going back to washington. it seems to be more a matter of when will he go back. so that hasn't been announced. i'm sure at some point they will make it official and that will be put in motion, but it's really hard to see a scenario where the senate is reconvenesing. all of this is sort of cruising to the fiscal cliff and the president would stay here in hawaii. >> brian
at some point take up some sort of measure that harry reid will have cobbled together hoping to get some republican support. but right now it is possible, of course, to resolve this. it's also possible according to a lot of sources that we're talking to that we do go over the cliff, but at this point the white house talking to senate democrats about what their proposal is that they'll be putting out here in the nex week. >> if there was some break through i'm assuming the president would...
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firsthanding the ball off to harry reid. when harry reid couldn't get anywhere. he handed it off to joe biden. i think this is not a congress that distinguished itself. in particular, the united states senate which hasn't passed a budge net how many years now? so i think the house at least has done its job. it has passed an alternative for example for the sequester cuts. it did come up with a plan to avert the tax increases across the brd? the senate has really done nothing. and it is amazing to me that people would ask for their jobs back. when they haven't been able to do their jobs in any meaningful sense in the last few years. >> jennifer, listen. i'm in a charitable mood. i've been defending congress. these people were elect ped sop clearly somebody believes they need to elect these rigid dog mattic individuals that won't budge. >> i don't mind so much that they are dogmatic. i would like for them to put forth the foe seerable course. what does harry reid believe? what does chuck schumer believe? let them put something on the table, go through a congress and
firsthanding the ball off to harry reid. when harry reid couldn't get anywhere. he handed it off to joe biden. i think this is not a congress that distinguished itself. in particular, the united states senate which hasn't passed a budge net how many years now? so i think the house at least has done its job. it has passed an alternative for example for the sequester cuts. it did come up with a plan to avert the tax increases across the brd? the senate has really done nothing. and it is amazing...
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the negotiations between harry reid and mitch mcconnell hit an impasse. mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they know how to take baby steps so each side at least feels they're getting a little bit of what they want. can -- why did they have to call biden in at the last minute? why didn't they call him earlier? why are we here today on the last day of december? why couldn't this have been done weeks ago? >> deb, we're here at the last day of december in the final hours because of a culture of division and dysfunction in washington, d.c. and it didn't happen overnight. it has been created over a long time, because the polarization of the two parties, the system of redistricting that reduced the number of sw
the negotiations between harry reid and mitch mcconnell hit an impasse. mcconnell called biden. they were apparently able to break that impasse by reasoning together. that's the way our democracy works at the end of the day, when it works, people being reasonable in a room together based on a reservoir of trust. and that's an asset biden brings to the table. >> john, you talk about being reasonable, you would think that congress, a room full of lawmakers, they know how to negotiate, they...
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harry reid, as well as nancy pelosi on board with the president, so the key question tonight is the democrats who talk about things in the senate, if we hear anything from the speakers about the deal that is now emerging in the senate. reporter: we have yet to hear from the speaker's office. but one of the final hangups is getting all the democrats on board with us. mitch mcconnell knows where speaker john boehner is on this issue. they remained in contact throughout these negotiations birdseed can imagine that speaker boehner will come out as possibly as early as tonight with a statement of support. he has yet to get any information on. adam: apparently a spokesperson for the speaker saying that this is all joe biden and mitch mcconnell. no context as whether that's a compliment or insult, but potentially the deal which you have been expressing all day long. you are the one who will wrote just before 9:00 p.m. that a gop aide said that this was all done. just to wrap up with you before before we sign off one more time, no word yet from the vice president, but reporters are waiting for some k
harry reid, as well as nancy pelosi on board with the president, so the key question tonight is the democrats who talk about things in the senate, if we hear anything from the speakers about the deal that is now emerging in the senate. reporter: we have yet to hear from the speaker's office. but one of the final hangups is getting all the democrats on board with us. mitch mcconnell knows where speaker john boehner is on this issue. they remained in contact throughout these negotiations birdseed...
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senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he takes extraordinary measures. they believe it could force congress to come up with a deal before monday's deadline but some republicans are not as optimistic. live in washington, ktvu channel 2 morning news. >>> they set $2 billion for unit who made her first court appearance. she was drunk when she hit a group of people. the woman was knocked up to a hill and she was studying criminal justice before that police crash. >> she is somebody who was never in trouble before and a quarter short of graduating from college. it is horrible of what their family is going through. >> eunice is expected to en
senator harry reid will pass this plan and does not want to put it to a vote unless he knows it will pass the housement they want to avoid fitting the call. house speaker john boehner held a meeting with fellow gop leaders and said he would give them 48 hours before calling them back from their holiday vacation meaning saturday is the earliest time a fiscal vote could take place on this deal. treasury secretary tim geithner said the united states will hit the debt ceiling on monday unless he...
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. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a blank check for anything senate democrats before just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama will home early from his hawaii in vacation yesterday. speaker boehner called the house back into town for an unusual sunday session. but members of congress understand the 11th-hour actions may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> the fiscal cliff will bring massive tax increases and deep spending cuts. the treasury department would have trouble paying its bills. many economists worry the financial woes will plunged the u.s. back into recession. one possible effect of the fiscal cliff, milk prices could buy $2 or $3 a gallon because farm programs ex
. >> senate majority leader harry reid last out at house speaker john boehner accusing him of running a dictatorship. >> she seemed to care more about keeping his pspeakership than keeping the nation on sound financial footing. republicans are. blaming are >> republicans are not about to write a blank check for anything senate democrats before just because we find ourselves at the edge of the cliff. that would not be fair to the american people. >> president obama will...
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after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago right before the president left hawaii to come back here to the white house, senator mcconnell says that was the first time he heard from any democrat, president, senator reid, nancy pelosi, anybody in about a month in terms of talking about the fiscal cliff. so everyone has sort of delayed really facing all of th up against the deadline now, jon. jon: that seems clear. ed henry at the white house there. ed, thank you. stay on it for us. for more on this let's bring in the editor of "campaigns & elections" magazine, shane deapril. campaigns and elections might be appropriate here because som
after hearing senator reid yesterday, senator mcconnell fired back. take a listen. >> we're coming up against a hard deadline here and i said, this is a conversation we should had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: now senator mcconnell also said he was disappointed because when he got a call from the president two nights ago right before the...
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that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts that are impending for most of government, and also the debt ceiling. those are two items that we think may not be in a deal. may be kicked down the road. either those budget cuts will hit and will last, or there will be a different fix later. that's where things seem to be right now, but those are a little bit more up in the air. >> lisa, does that extension for tax cuts for everyone over $250,000, is that for households or for individuals? >> that $250,000 is for individuals. >> okay, okay. i see. so how long do lawmakers have to make a deal at this point? >> right. i just want to make sure we're clear. they want to extend the tax cuts for people whose family income is under $250,000. so people making above that wou
that's where harry reid will be starting things today. he also is planning to include an extension of unemployment benefits. the unemployment benefits actually run out today. that fiscal cliff we've already reached. that is going to be in this starting point deal. now, things we're less clear on. for example, the budget cuts that are impending for most of government, and also the debt ceiling. those are two items that we think may not be in a deal. may be kicked down the road. either those...
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reid calls boehner a dictator. ah, the holiday spirit. it is alive and well here. >>> i'm steve kornacki in new york. doesn't matter where you are. we are going to slide down the slope if a deal isn't reached. some faster than others. today, what you don't hear in all of this. straight talk when it comes to your wallet. >>> i'm toure. a big day today. anti-fragile. chaos can be good. oh, we'll make them mad today. >> maybe a little too much chaos for us who's still feeling under the weather, s.e. but we have a whole hour of "the cycle" starting right now. >>> it's basketball thursday here on "the cycle" and we have a classic for you as we relate dr. nasmith to the fiscal whatever here in washington. we take you to washington for last night's cavaliers-wizards game, a classic between the boehner-led cavs at 6-23 against the harry reid wizards at 3-22. pay attention, kornacki. cleveland won. the final was 87-84. this even though cleveland's best player irving missed 9 out of 10 shots in the second half and missed 4 out of 6 free-throws with
reid calls boehner a dictator. ah, the holiday spirit. it is alive and well here. >>> i'm steve kornacki in new york. doesn't matter where you are. we are going to slide down the slope if a deal isn't reached. some faster than others. today, what you don't hear in all of this. straight talk when it comes to your wallet. >>> i'm toure. a big day today. anti-fragile. chaos can be good. oh, we'll make them mad today. >> maybe a little too much chaos for us who's still...
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after five nfc championship appearances andy reid has been let go by the philadelphia eagles. san diego has fired former redskins head coach foreinorthe turner. lovie smith is out in chicago. chan gailey was canned up in buffalo axed after three seasons. not a good day. >> no. >> the guys work 22-hour days. >> you come back from a 3-6 and where we are now no risk of that in washington. >>> an update on the fiscal cliff. vice president joe biden has just left the capitol telling reporters tonight you should never predict how the house is going to vote. be sure to follow for the latest on nbc washington.com and first thing on news 4 today tomorrow morning. well, they are busy in pasadena tonight putting the finishing touches on everything for this year's tournament of roses parade. teams have been hard at work all week long decorating floats with flowers. this one a tribute to those who have been organ donors. the rose parade starts rolling tomorrow morning at 11:00. watch it right here on nbc 4. that's our broadcast tonight. carson daly is up next with the final countdown to 20
after five nfc championship appearances andy reid has been let go by the philadelphia eagles. san diego has fired former redskins head coach foreinorthe turner. lovie smith is out in chicago. chan gailey was canned up in buffalo axed after three seasons. not a good day. >> no. >> the guys work 22-hour days. >> you come back from a 3-6 and where we are now no risk of that in washington. >>> an update on the fiscal cliff. vice president joe biden has just left the...
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they said let senate majority leader harry reid take over. there is definitely frustration in the house that it's come to this point this late in 2012 as we are heading over the fiscal cliff potentially. bottom line some some suggested there is not a tax problem in the united states, there is a major spending problem. >> history has a way of repeating itself. somehow washington never gets the message, and here we are 30 years later on the brink of another crisis on new year's eve, still addicted to spending money. >> madame speaker the american people are looking at congress with distain and rightfully so. with the deadline on the fiscal cliff only hours away we've failed to reach a reasonable compromise to move the economy forward and ward off painful tax hikes on the middle class. >> reporter: so everybody is waiting to see if the senate can reach a deal on the fiscal cliff. it's not entirely clear when the house would act. i talked to a key leadership aide who he said if the senate passes a deal we could certainly signal that we will take
they said let senate majority leader harry reid take over. there is definitely frustration in the house that it's come to this point this late in 2012 as we are heading over the fiscal cliff potentially. bottom line some some suggested there is not a tax problem in the united states, there is a major spending problem. >> history has a way of repeating itself. somehow washington never gets the message, and here we are 30 years later on the brink of another crisis on new year's eve, still...
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in case those discussions break down, the president asked harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or more. now, that's really a democratic proposal and you could expect republicans to block it, so, rather than thinking of that as a stop gap measure, probably think of it as a political measure to shift the responsibility for failure on to republicans just before the nation hits the hour of wreckening. alison? >> thanks. >>> lawmakers could vote as early as today and when it happens, you can watch live coverage right here on cnn. >>> the president will continue to plead his case for a deal today. he's making his first appearance on a sunday talk show in more than three years. he'll be on nbc's "meet the press." he'll call for an immediately vote for congress on a scale-back plan that would only extend middle class tax breaks if the negotiations fail. >>> other news now, second degree murder as a hate crime. that's the charge facing erica menendez. she is the woman accused of shoving a man to his death
in case those discussions break down, the president asked harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or more. now, that's really a democratic proposal and you could expect republicans to block it, so, rather than thinking of that as a stop gap measure, probably think of it as a political measure to shift the responsibility for failure on to republicans just before the nation hits the hour of wreckening. alison?...
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you know, what's going on here appears to be that senator reid, the democratic leader is playing bad cop and joe biden is playing good cop. he certainly has a long history of talks and bipartisan negotiations with mitch mcconnell. i want to, over the past hour, we have spoken to two republican senators, i wanted to talk to claire mccaskill, thanks very much for joining us, they just ended their almost two-hour meeting, martin, two hours, what was going on in there behind those door? >> i know you will be shocked to hear that a lot of senators wanted to talk. >> that is shocking. >> everyone wanted to have their same i think the consensus is that we all still want to try to get a deal but some of us are very discouraged that what appears to be on the table now doesn't really do anything to reduce the deficit and this was all supposed to be an exercise in bringing down our deficit and our long-term debt and where we are right now, it doesn't appear that we are getting that done and even more importantly, it appears that republicans are still trying to protect the tippy top as opposed t
you know, what's going on here appears to be that senator reid, the democratic leader is playing bad cop and joe biden is playing good cop. he certainly has a long history of talks and bipartisan negotiations with mitch mcconnell. i want to, over the past hour, we have spoken to two republican senators, i wanted to talk to claire mccaskill, thanks very much for joining us, they just ended their almost two-hour meeting, martin, two hours, what was going on in there behind those door? >> i...
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the dow was down triple digits after senate majority leader harry reid said that the u.s. is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel owners next year. >>> amazon.com is the place to go for online shopping this holiday season. according to a new survey from forse amazon took the top spot thanks in part to its wide variety of merchandise and its user-friendly site. that's the latest from fox biz is about business, giving you the power to prosper [ male announcer ] this is the age of knowing what you're made of. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not ke viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood
the dow was down triple digits after senate majority leader harry reid said that the u.s. is poised to tumble over the fiscal cliff but there was a late-day turnaround on the news that the house will hold a special session on sunday night. >>> directv customers can expect to pay more for their programing packages in 2013. the satellite cable provider is planning to hike prices by an average of 4 1/2% starting february 7th, citing higher programing costs and expects to pay it. v channel...
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harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index was a point of contention raised on the house floor. the reporting from politico earlier about the loggerheads' this afternoon, they say that the provision would result in lower payments for social security beneficiaries. boston, the independent go ahead. >> most companies in the u.s. are now headquartered in toronto. they make their profit in bermuda. we're spending 47 cents on the dollar on the deficit. we will have to do like canada and put a tax on gasoline. what is your opinion? what should we do to fulfill the debt and our obligation? >> what is
harry reid has been meeting with his caucus. republicans have been meeting on their side and the senate should be coming back in this afternoon as well. what would you give up in the fiscal cliff negotiations? let's go first to bridgeport, connecticut. thanks for waiting. >> i was thinking the republicans should drop the cpi issue that they have been discussing. it seems to me that they're working on getting it worked our for the estate tax. >> the chain on the consumer price index...
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john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't even agree on a million. that's a $750,000 gap they have to close. let's hope they do that. thank you. >>> commanders in chief past and present paying tribute to retired general norman schwarzkopf this morning. the commander of coalition forces during the gulf war died yesterday at 78. schwarzkopf was the face of military briefings during the first cable news war. former president george h.w. bush who is hospitalized, said the general was a true american patriot, one of the great military leaders of this generation. >>> new york city police are looking for a woman who pushed a man
john boehner shot back saying that reid needs to talk less and legislate more. but really this comes down to working out, cobbling together something that can get support. president obama wants that tax cut threshold to be at $250,000. well, mitch mcconnell poured some cold water on that yesterday. so they need to come to some sort of agreement on where the threshold would be. we don't know what it would be yet in the senate. >> 250,000 for the democratic side and republicans couldn't...
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gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and the senate in a sense that if reid originates a bill in the senate that would do what you said, people in the house say, well that would be unacceptable because the constitution requires revenue bills to originate in the house. but there is this bill that the house did pass a while back extending tax cuts for everybody. the senate could actually amend that bill. it originated in the house and then send it back and actually get somewhere. you have to remember that john boehner actually gave in on the principle of raising tax rates
gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and...
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when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the only option now to avoid a fiscal cliff is a scaled-back deal to stop tax increases for most americans. we just hear heard heard ed elude to that. we are joined my jaime. what happens if the president and congress fail to reach an agreement on averting this so-called fiscal cliff? >> well, we go over it. you know, maybe the analogy of fiscal cliff that everyone is using might not be perfect because that doesn't end everything. there will be negotiations afterwards. in fact republicans who think that we are going overlook to the debt ceiling hike that will have to happen some time in the beginning of next yea
when i mentioned the memorial service for senator inouye the person giving the oo eulogy was harry reid. they may have got even a chance for a little private time. the president and john boehner have not had any phone contact since friday. their staffs are still communicating but still really very little progress, jaime. >> reporter: thank you so much,ed appreciate the report at that early hour there in hawaii. merry christmas. >> reporter: meanwhile some senators are suggesting the...
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Dec 30, 2012
12/12
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plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt him in his election. remember rand paul -- mcconnell has less room to maneuver. for harry reid, a lot of his reputation is on the line. can he put something on the floor of the senate that some democrats will support? guest: the biggest loser is the unemployed and those trying to get jobs. that is what this is about. really, people need to step back and realize, while we are concerned about deficits, it is because it is a concern about the economy. there are different prescriptions for the economy at different times. allowing this recovery to slow down, even as it has already been anemic, would b
plan b, clancy, -- plan c, and now he is seated negotiants to harry reid. -- negotiations to harry reid. it is certainly possible that he may have trouble getting reelected as speaker. he may get 20 or so to party boats to vote against them or not vote at all. i could stop him from being reelected. host: what are the pitfalls for harry reid and mitch mcconnell? guest: mcconnell is up for reelection in 2014. if he agrees with the white house on something, particularly tax increases, it will hurt...
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Dec 27, 2012
12/12
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senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his vacation. now he will be,ing would out on this fiscal cliff. the senate is coming back and the house of representatives is going to have a conference call for all republicans later on today and then yesterday, we saw the secretary of the treasury, tim geithner, announced the $16.4 trillion debt limit is going to be reached by monday, that was a little bit surprising to people who haven't been following this kind of thing and raises the stakes for the fiscal cliff end game because the white house had wanted a debt ceiling deal as part of the overall deal here on the fiscal cliff. republicans have bee
senate majority leader harry reid is working to see if the scaled backpackage the president laid out last week can get through congress before monday. meantime, treasury secretary timothy geithner says the government will hit the debt ceiling on monday and he is launching an emergency plan to avert a crisis. amm eamon javers is live. what do we know? >> the president is coming back early, a couple days earlier than his vacation. did a little bit of jogging, working out in the gym over his...
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Dec 24, 2012
12/12
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we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the president's last offer, split the difference, that would be a package of about 2.6 trillion dollars. you couple that with the 1.1 trillion that's already been done, that would be close to the 4 trillion dollars that's needed to stabilize the debt and begin to bring it down. peter: the president and the speaker say they will cut their vacation short to return to washington later this week to try to get back to work to hammer something out. dennis and dagen? dagen: peter, aren't they nervous about this? do you get that sense from them at all down in washington that, like, the time is here now and you're --
we don't know yet what senator reid plans to bring to the senate for a vote. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all additional tax revenue for new programs. he gets to cut the military which democrats have been calling for for years, and he gets to blame republicans for it. >> what we ought to do is take speaker boehner's last offer, the...